Bayman Texan Energy Corp.

Peace River

  

Peace River Map

Quick Facts
Land Holdings 310 net sections
Production (Q3/2015) 21,200 boe/d
2P Reserves (YE14) 72.6mmboe(1)
(1) In addition, we have 38 mmbbl of bitumen reserves related to our thermal operations.
  • Bayman Texan Energy entered the Peace River area in 1999, and has grown production from zero to current rates
  • Heavy oil asset, developed primarily via cold-flow horizontal multi-lateral wells targeting the upper portion of the Bluesky formation
  • Typical well design is 12 mile-long laterals per well, sometimes augmented with several shorter laterals
  • Average well cost is C$2.8 million with IP30 rates of approximately 300-500 boe/d
  • Annual capital efficiency is approximately C$13,000/boe/d

Multi-lateral Well

  

Explore Our
Operations

Our operations are organized into Canadian Heavy Oil, Canadian Light Oil and Gas and United States business units.

Operations Map

Operations Map
Responsible Development

In addition to shareholders, Bayman Texan Energy has a responsibility to the communities in which we work and do business.

Corporate Responsibility

Understanding
Heavy Oil

Learn more about the
business of heavy oil in our marketing section.


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Understanding Heavy Oil